22942 Arija, Mission Viejo, California 92691, Mission Viejo, 92691 - 5 bed, 3 bath
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22942 Arija
Mission Viejo, California 92691
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
5Beds
3Baths
3,087Sq Ft
6,300Lot Size
Property Price
LIST PRICE$1,895,000
EST. MARKET VALUE
$1,997,501
5% BelowMARKET VALUE
SUMMARY
This Stunning Lake-View Residence is a Strong Value Opportunity, listed at $1,895,000—positioned well below the $1,997,501 Fair Market Value by 5%. This valuation gap offers $102,501 in Instant Equity. Boasting a Mint Condition Rating, the home features a remodeled kitchen, luxury vinyl flooring, and a private pool with panoramic lake views. Located in the Capistrano Unified district, this property offers a premium lifestyle for Owner-Occupants or discerning buyers seeking a turnkey, high-end retreat.
Estimated Market Value
$1,997,501+$102,501 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mission Viejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22942 Arija Subject 5 bd · 3 ba · 3,087 sqft · $647 | $1,895,000* List Price | 5 | 3 | 3,087 | $647 | - |
A 23082 Sonoita Sold 5 bd · 3 ba · 3,055 sqft · $544 · 0.2 mi | $1,662,500 | 5 | 3 | 3,055 | $544 | 0.2 mi |
B 22332 Canaveras Sold 5 bd · 3 ba · 3,251 sqft · $631 · 0.6 mi | $2,050,000 | 5 | 3 | 3,251 | $631 | 0.6 mi |
C 27441 Valderas Sold 4 bd · 3 ba · 2,133 sqft · $747 · 0.2 mi | $1,593,000 | 4 | 3 | 2,133 | $747 | 0.2 mi |
D 27451 Almendra Sold 5 bd · 3 ba · 3,087 sqft · $599 · 0.6 mi | $1,850,000 | 5 | 3 | 3,087 | $599 | 0.6 mi |
E 23432 Campestre Sold 5 bd · 3 ba · 3,069 sqft · $704 · 0.5 mi | $2,160,000 | 5 | 3 | 3,069 | $704 | 0.5 mi |
F 23762 Via Porton Sold 6 bd · 3 ba · 2,882 sqft · $694 · 0.8 mi | $2,000,000 | 6 | 3 | 2,882 | $694 | 0.8 mi |
G 27251 Via Burgos Sold 4 bd · 3 ba · 1,947 sqft · $772 · 0.6 mi | $1,503,000 | 4 | 3 | 1,947 | $772 | 0.6 mi |
H 22571 Via Tercero Sold 5 bd · 3 ba · 1,923 sqft · $702 · 0.5 mi | $1,350,000 | 5 | 3 | 1,923 | $702 | 0.5 mi |
I 23235 Via Guadix Active 5 bd · 5 ba · 2,900 sqft · $603 · 0.2 mi | $1,749,999 List Price | 5 | 5 | 2,900 | $603 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a comprehensive recent remodel (likely within the last 5 years) as evidenced by the modern kitchen with stainless steel appliances, fully updated bathrooms with contemporary floating vanities, and luxury vinyl plank flooring throughout. The home features modern fixtures, recessed lighting, and updated exterior elements like glass balcony railings and a well-maintained pool, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Lake Views
The property offers exceptional views of Lake Mission Viejo and the surrounding mountains, highlighted by a private primary suite balcony that significantly enhances its luxury appeal and market value.
- Modernized Versatile Layout
Featuring a recently remodeled kitchen and bathrooms along with a rare main-level bedroom and full bath, the home provides contemporary aesthetics and flexibility for multigenerational living.
- Premium Outdoor Lifestyle
The combination of a private resort-style backyard with a pool and spa, plus exclusive Lake Mission Viejo membership privileges for boating and beaches, offers a high-end recreational experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Compact Lot Size
At 6,300 square feet, the lot is relatively small for a 3,000+ square foot home that includes a pool and a 3-car garage, which may limit usable green space or yard privacy.
- Elementary School Rating
While the local high school is highly rated, the assigned elementary school currently holds a lower rating of 5/10, which could be a consideration for families prioritizing early childhood education.
About 22942 Arija
LAKE VIEWS, PRIVATE POOL, 5 BEDROOMS & 3-CAR GARAGE! Welcome to 22942 Arija, ideally situated on a cul-de-sac street in the desirable Madrid Del Lago neighborhood of Mission Viejo. Offering approximately 3,087 square feet, this beautifully updated 5-bedroom, 3-full-bath home combines Lake Mission Viejo views, modern finishes, and exceptional indoor-outdoor living. Updated throughout, the light-filled interior features a recently remodeled kitchen and bathrooms, luxury vinyl flooring, modern fixtures and finishes, and generous living and entertaining spaces. The living room is enhanced by a stylish dry bar with wine refrigerator, perfect for entertaining. A main-level bedroom and full bath provides flexibility for guests, a home office, or multigenerational living. The spacious primary suite features a private balcony overlooking Lake Mission Viejo, creating a peaceful retreat to enjoy the beautiful lake views. The updated primary bathroom features dual sinks and a relaxing bathtub. Step outside to your private resort-style backyard featuring a sparkling pool and spa, covered patio, and plenty of space for outdoor dining, entertaining, and relaxing in the Southern California sunshine to enjoy your lake and mountain views. Additional highlights include an indoor laundry room and an attached 3-car garage with epoxy-finished flooring. Enjoy an exceptional location near Lake Mission Viejo, East Beach, parks, walking trails, and lakeside shopping and dining at Plaza Del Lago. Lake Mission Viejo offers members an incredible recreational lifestyle with swimming beaches, boating, paddleboarding, picnic areas, summer concerts, and special events—all adding to the unique lifestyle this sought-after Mission Viejo location has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 6,300 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $193.0 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Castille Elementary School
Grades K-5 • 1.1 mi
7/10
Del Lago Elementary School
Grades K-6 • 1.2 mi
5/10
Newhart Middle School
Grades 6-8 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 3,087 | 1,986.183 |
| Lot Size | 6,300 | 5,984.226 |
| Price | $1.90M | $1.36M |
| Price per sq ft | $614 | $682 |
| Built year | 1977 | 1977 |
| HOA | $193.0 | $213 |
| Days on market | 18 | 49 |
Pricing History
Listed for Sale
Oct 7, 2026
$1,895,000
Initial Listing